Borrowing Advice definition
Examples of Borrowing Advice in a sentence
Upon receipt of such notice, the Borrower may revoke any Notice of Borrowing or Notice of Conversion/Continuation then submitted by it and, at its election, submit a Borrowing Advice or Notice of Conversion/Continuation selecting another Type of Loan.
The obligation of each Lender to make any Revolving Loan or Term Loan to be made by it (including its initial Revolving Loan), or to continue or convert any Loan under Section 2.5 is subject to the satisfaction of the following conditions precedent on the relevant Borrowing Date or Conversion/Continuation Date: The Agent shall have received a Borrowing Advice or a Notice of Conversion/Continuation, as applicable.
Each Borrowing Advice or Notice of Conversion/Continuation given by the Borrower shall be deemed to be a representation and warranty by the Borrower to each Lender, effective on and as of the date of such Notice and as of such Borrowing Date for a Revolving Loan or Term Loan covered thereby, that (i) the representations and warranties set forth in Section 5 hereof are true and correct as of such date, and (ii) no Default or Event of Default has occurred and is continuing.
Each Borrowing Advice given by the Borrower shall be deemed to be a representation and warranty by the Borrower to the Bank, effective on and as of the date of the Advance or Term Loan covered thereby, that (i) the representations and warranties set forth in Article 5 hereof are true and correct as of such date, and (ii) no Event of Default, and no event which with the lapse of time or notice or both would become an Event of Default, has occurred and is continuing.
Notice of each Borrowing Advice or Notice of Interest Period indicating the selection of an Interest Period and whether the interest calculation is to be based on the Eurodollar Rate, the CD Rate or the Reference Rate shall simultaneously be given to the Confirming Bank by the Borrower.
The Agent shall have received a Borrowing Advice or a Notice of Conversion/Continuation, as applicable.
This Borrowing Advice is executed and delivered by The ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Corporation (“Borrower”) to you pursuant to that certain Credit Agreement dated as of June 13, 2008 (the “Credit Agreement”), entered into by Borrower, Citicorp USA, Inc.
This Borrowing Advice is executed and delivered by The ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Corporation (“Borrower”) to you pursuant to that certain Credit Agreement dated as of June 1, 2018 (the “Credit Agreement”), entered into by Borrower, Citibank, N.A. (“Citibank”) and certain other Lenders parties thereto, collectively with Citibank (the “Lenders”) and Citibank as Agent for the Lenders (herein “Agent”).
This Borrowing Advice is executed and delivered by The ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Corporation (“Borrower”) to you pursuant to that certain Credit Agreement dated as of June 16, 2006 (the “Credit Agreement”), entered into by Borrower, Citicorp USA, Inc.
This Borrowing Advice is executed and delivered by The ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Corporation (“Borrower”) to you pursuant to that certain Credit Agreement dated as of June 15, 2007 (the “Credit Agreement”), entered into by Borrower, Citicorp USA, Inc.